How to Choose Home Improvement Projects That Are Worth the Investment

Home improvement is a popular way to add value and functionality to your property. But not all home improvement projects are created equal. To ensure that your renovations are worth the investment, be sure to consider a number of factors including cost, potential return on investment and the local property market.

According to the American Housing Survey, homeowners have undertaken an average of 135 million home improvement projects over the past two years. These range from small tasks like painting or re-grouting tile to adding new amenities such as a master suite.

A common mistake people make when improving their homes is over-improving them. Purchasing high-end materials and hiring contractors can be expensive, but if you choose your improvements wisely, you can add significant value to your property without breaking the bank. It’s also important to stay within your neighborhood’s boundaries when it comes to price and style. Homeowners should talk to a real estate agent before making any major upgrades, especially if they’re planning on selling their house soon.

Home improvements that increase energy efficiency are an excellent place to start. By installing a smart thermostat, you can save money and improve your home’s overall comfort. Other energy-saving projects include replacing old windows and upgrading insulation.

The home improvement market is a big business and there are a lot of options available to you. Many companies have websites where you can browse their inventory, get advice and book appointments. Some of them even have mobile apps to help you manage your home maintenance needs on the go.

One thing to keep in mind when choosing a contractor is their experience and reputation. It’s important to find a company that has been in business for a long time, has a positive reputation in the industry and offers competitive rates. Additionally, you should always check a contractor’s license, insurance and references before hiring them. It’s a good idea to visit their shop before you sign a contract, too, to get an overview of the quality of their work.

There are a number of ways to finance your home improvement project, including credit cards, personal loans and mortgages. Some lenders offer a revolving line of credit, which allows you to draw on funds as needed. Others provide a lump sum that’s paid back over a certain period of time. The type of loan you choose should depend on your individual situation and needs.

The Gale OneFile: Home Improvement collection provides researchers with comprehensive coverage of this ever-growing field. It includes full-text articles from more than 200 home improvement-focused publications and contains more than 4.5 million articles covering topics such as architectural techniques, tool and material selection and zoning requirements. Exclusive features, such as Topic Finder and InterLink, support research and enhance the user experience. In addition, this database is mobile-optimized and accessible from all devices.